A typical misconception is expecting that past performance is indicator of future returns. Nothing has been further from the truth especially when it comes to actively managed funds.

History tends to repeat itself, yes but never when it’s convenient.

i would say that RHB i-Global Sustainable Disruptors - MYR Hedged is a good buy even now as it invests in sustainable/ESG companies. good future potential

Hi,
For your question on DCA. I'm OK with losses as stock market can go up and down. I was worried only when ARKK underperform index funds. I'm doing DCA on my "disruptive" fund to minimise my losses or the price would be at attractive value to enter in or who knows, ARKK's price may have bottomed out. Will have to wait another 6 - 12 months to see its performance. Anyhow if the performance of ARKK is not good as Cathie claims or if it hugely underperform the index funds I will just trim or dump this funds at no loss or profit (after DCA). my investment strategy might go wrong. Have to wait.

one thing to keep in mind. if u believe in cathie wood, u need to understand that ARKK or any other funds under them in fact dont behave like index fund. They will never track index fund nor will it keep close to index fund performance. cathie wood funds works more closely like angel investment. they take much losses now for long period of time while the companies under the fund invest for growth n the once or i should say IF it do succeed it will just suddenly boom past the others. think tesla. so they dont do well year to year but once they do, it will be like 2020. n then suddenly they looks not so bad if u average it out. but while they making losses, the average will look very bad. that is like i say IF u believe in cathie wood skill in seeing the future.

This post has been edited by WhitE LighteR: Dec 7 2021, 10:09 AM

talking about this Arkk Ut Fund....
i am doing it this way with some pocket money...
outside of my portfolio structure.
don't follow what i am doing...
i am just doing it for some adrenalin rush....
at times (& many times) too

This post has been edited by yklooi: Dec 7 2021, 12:15 PM


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Yes, thanks. Will do.

Hi sgh, I have another technical question. Based on your wide experience in UT, do you think:

Fund House X has:
Fund A - invest in general equity
Fund B - invest in semiconductor sector

Let's say Fund House X has a portion of the UT in Company ABC (a semiconductor company) via Fund A, will/can Fund House X also invest via Fund B under the specific sector (semiconductor) of the same Company ABC?

Thanks.

I think this is entirely possible especially for different funds under the same fund house X. I came across an e.g which I call it overlapping/duplication in my previous post.

Fund House X has:
Fund A - China
Fund B - Greater China

Factsheet of A and B top 5,10 top holdings indicate a very heavy overlap/duplication of the same stocks. The only difference is the percentage weightage allocated since A can only be purely China. And for these A and B factsheet put the same fund manager names!

In fact even across different fund houses, you can also see such overlapping/duplication which is why in one of my earlier post, is it wise for us to buy so many overlapping/duplication of stocks in multiple funds? The percentage weightage are different of cuz but it is same stocks.

Personally for me if the overlapping/duplication is too much (say 70% same), I would just pick one fund instead of multiple funds. I suspect reason why there are heavy overlap/duplicate could be the fund managers are buying the stocks that comprises of the index they are benchmarking with and the remaining 30% stocks outside the index in an attempt to beat the benchmark?

In theory if a fund manger stock pick skills is good he should not take it easy by just buying so many stocks that comprises of the index, because if that is the case a ETF is better (lower expense ratio) and he/she is just taking easy monies from investor by doing minimal work. My personal opinion of cuz.

oh wow. thanks for your insight.

disruptive having a very red day again

Beware of the sunk cost fallacy in dcaing your favourite or worst idea ever fund.

You think you are reducing your average, yes, but you may forget that it would’ve been much better working if you bought something that is actually only going to appreciate over time.

Every good stock and fund I know averages UP.

Any year end promo campaign currently?

perhaps this??
2022 Key Investment Themes Promotion
https://www.fsmone.com.my/funds/research/ar...!?src=funds

Below are my 3 funds that bleeding BADLY ;(

Affin Hwang World Series - Global Disruptive
Eastspring Investments Dinasti
Manulife Dragon Growth Fund -Hedged

these 3 funds is about how many % of your total portfolio?

about 7%..

Chinese stocks been dumping by the Wall Street.

Since when?

Depend on your faith. Back in 2000 I bet on China and India and now 2021 over this 20 years of ups and downs including bear and bull market it is ok. The same cannot be said of other country though. As for US it has it's ups and downs too so typically I bet on US,China,India to still have room to steam ahead. In between can try other country or sector funds for more aggressive portfolio.

Last time US sneeze whole world market affected. Now China sneeze whole Asia market affected. So there is still room for China to overtake US position at least before I retire.

Nice thanks brother!!

Thanks. In that case how can we check on these? As far as I'm concern, the Factsheet only tells very little without companies name. We can only access the full report after we have invested in the fund? Pls correct if I'm wrong.

if your final opinion is correct, than i think it would be a disaster for us the investors.